Value of SNE, page-4

Hi Mayochen,
This is what I posted on 1 February 2019... post was addressed to Ksing,

"That 1.3TCF = 244MMBOE. It's as if the market is standing totally ignorant to this.
Central estimate for oil reserve = 530MMBO + 244MMBOE = 774MMBOe all up x 13.7% = 101 928 000 barrels for FAR.. just from SNE x say conservatively AU$7.5 @ FID = AU$ $764,460 000.00 ?? (leaves a lot on the table for any taker) .Just for SNE ? Divide by what? .. 5.4bil shares.. = 14.1c p/s at FID . What am I missing here?
But then there are all those "other barrels" in the surrounds..
Fair to say we are seriously undervalued? Yes there is the finance issue.. thye can sell of their portion the Gas (33.42 MMBOE) to Woodside.. should bring in a few bucks? What? Say 33.42MMBOE @ $5 ( nicwe discount to Woodside) = $167MIL. Problem part solved I think.
My..Fok.. FAR may be worth a few cents"

I think we should not let the Gas component (244MMBOE) fall on the wayside when computing some kind of value for the FAR interest in SNE. It's quite significant and must surely carry value.. MyFok

Of course... MyFoK.. there are now 6.3Bil shares on issue